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Galaxy Digital Abandons $1.2B Plan to Acquire Crypto Custody Firm BitGo

The $1.2 billion deal was announced May 2021 and was expected to close by the end of that year.

Updated May 11, 2023, 5:38 p.m. Published Aug 15, 2022, 11:10 a.m.
Galaxy Digital CEO Mike Novogratz (Danny Nelson/CoinDesk)
Galaxy Digital CEO Mike Novogratz (Danny Nelson/CoinDesk)